Position size calculator
Calculate how many lots to trade so that your stop loss costs exactly the % of your account you choose. Forex, gold, indices and crypto.
Position size—
Money at risk—
Value per pip—
Why size by risk?
Professional traders fix the money they are willing to lose, not the number of lots. A wider stop means a smaller position, so a 10-pip and a 50-pip stop risk the same dollars.
How to use it
Enter your balance, the % you want to risk (1% is the classic rule), your stop distance and the market. The result is the size that makes hitting the stop cost exactly that amount.